US president Donald Trump issued an government order on January 23 prohibiting the creation of a central financial institution digital forex and taking measures to advertise dollar-backed stablecoins worldwide as a way to protect the dominance of the dollar.
Individuals, the government order states, should be protected against the dangers of CBDCs, which “threaten the soundness of the monetary system, particular person privateness, and the sovereignty of the US”.
The aim of the order, it states, contains selling
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